New Mountain Finance Corporation

New Mountain Finance Corporation (Nasdaq: NMFC) is a business development company and a private equity/buyouts and loan fund. It specializes in directly investing in and lending to middle market companies in "defensive growth" industries, with a preference for buyout and middle market companies. The fund invests in debt securities across all levels of the capital structure, including first and second lien debt, unsecured notes, and mezzanine securities, and may also include equity interests. It targets a wide range of industries, including energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, life sciences, enterprise software, financial services and technology, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in the United States, targeting investments between $10 million and $125 million per transaction, in companies with EBITDA between $10 million and $200 million. It invests through both primary originations and open-market secondary purchases, and seeks a majority stake in its portfolio companies.